What will happen to Paytm wallet, UPI as HC orders Paytm Payments Bank to wind up?

The Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL), the RBI said on Tuesday. The central bank earlier assured depositors that PPBL has "enough liquidity to repay its entire deposit liability upon winding up". In April, Paytm-parent One97 Communications also confirmed that its core services, including Paytm App, UPI, QR and Soundbox, will operate uninterrupted.