Reuters Market Eye - State Bank of India shares fall as much as 4 percent ahead of its April-June quarterly earnings later in the day.
Traders cite worries about increased loan defaults in the previous quarter.
StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects SBI to report a profit of 35.26 billion rupees for the quarter, lower than a consensus mean estimate of 36.19 billion rupees.
($1 = 60.8650 rupees)
(Reporting by Abhishek Vishnoi)
