A change at the helm of the Reserve Bank of India and a pushback from the government may bring relief to the banking sector, which has been bracing for increased regulatory burden from the proposed Liquidity Coverage Ratio norms. A senior finance ministry official said the tightened norms, which were set to kick in from Apr. 1, have been placed on the back burner for now. "It is very unlikely the norms will be implemented from the earlier set deadline," the official told Informist.