Indian shares fall 0.4 pct, banks drop

MUMBAI, Nov 20 (Reuters) - Indian shares fell 0.4 percent early on Friday, led by losses in banks, in line with the weakness in global equities.

At 9:55 a.m. (0425 GMT), the 30-share BSE index was down 0.44 percent at 16,711.49 points, with 25 components declining.

State Bank of India (SBI.BO) and ICICI Bank (ICBK.BO) were down 1 percent each.

The 50-share NSE index was down 0.4 percent at 4,968.95. (Reporting by Ami Shah)