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Device used to perform financial transactions
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance or account information inquiries, at any time and without the need for direct interaction with bank staff.
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Coal India subsidiary SECL has appointed four banks for a potential USD 800 million IPO and could file its draft prospectus as early as December.