Bankers have ruled out a rate cut in the remainder part of the current fiscal as the RBI kept key policy rates unchanged except a cut in SLR in its bi-monthly monetary policy review announced yesterday. Terming the RBI's stance as marginally hawkish, SBI Chairperson Arundhati Bhattacharya said that the 6 per cent inflation target is challenging and the RBI is unlikely to cut rates this fiscal. She added that the banks will thus need to factor in a possibly prolonged policy pause in their decision-making. Bhattacharya said the move to lower the held to maturity (HTM) ceiling by 0.50 per cent to 24 per cent of Net Demand & Time Liabilities (NDTL) will also have little impact as most of the banks are holding less than 24 per cent in HTM. Private sector lender Yes Bank Chief, economist Shubhada Rao said the "dovish" stance of the last policy statement has been dropped. She added that she does not expect any change to the repo rate, which stands at 8 per cent. Even the CMD of Oriental Bank of Commerce, S L Bansal said that interest rates are unlikely to come down in the near future and status quo would continue for some time.