Capital gains tax gap between equity and debt may hurt banks, MSMEs: Experts - CNBC TV18
Published on: Jan. 27, 2026, 4:46 p.m. | Source: CNBC TV18
According to G Mahalingam, former Executive Director at the RBI and former Whole-Time Member of SEBI, the current imbalance in taxation could create a macroeconomic problem. He said investors are increasingly shifting money into equities, leading to weak growth in bank deposits. As a result, banks are struggling to mobilise deposits even as they remain the main source of funding for lower-rated borrowers.
