Which of the following Statements is not correct regarding the ‘Banking Sector’ of India?
[A] At present there are 26 Nationalized Banks in India.
[B] Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.
[C] Banks have the freedom to regulate their own Savings Bank Deposit interest rates.
[D] Narsimham Committee is related to Banking Sector reforms.
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