SEBI proposes 50% increase in vault manager net worth to ₹75 crore in bullion framework overhaul

The Securities and Exchange Board of India (SEBI) has launched a public consultation to raise the minimum net worth for vault managers to ₹75 crore. The proposed regulatory expansion brings physical assets backing exchange-traded funds and derivatives under a unified oversight mechanism, replacing existing commercial contractual arrangements to mitigate systemic risks and standardise investor protection across the bullion market.