Should I give "Read Notifications" permission to Google Assistant
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Now, the problem is that for this particular feature of Google Assistant, it is necessary to allow the "Read Notifications" permission as per the Android OS rules.
So, the question is, "Should I give "Read Notifications" permission to Google Assistant?".
Well Your phone may alert you that this is a very sensitive information as per security basis, since this can even allow any app to read your OTPs, bank info messages etc.
According to Assistant privacy & security features – Google Safety Centre,
Google Assistant is built. to keep your information. private, safe, and secure. When you use Google Assistant, you trust us with your data, and it's our responsibility to protect and respect it.
Now it is your choice whether to believe Google or not, and I think this should depend on your experience with Google.