India, the World T20 2007 champion, lost six points to slip to the fourth position in the latest ICC T20I Team Rankings released on Tuesday.
The Virat Kohli-led team are now on 118 points, three points behind World T20 2009 winner Pakistan, which has joined second-placed England on 121 points after gaining five points but is ranked behind the World T20 2010 winner by a fraction of a point.
England has benefitted significantly as it has risen three places after gaining seven points to now sit in second place. Eoin Morgan's side is four points behind table-topper New Zealand, which is on 125 points after dropping two points.
South Africa have also slipped two places to fifth ranking after conceding six points, but are one point ahead of Australia.
Australia has swapped places with reigning champions, the West Indies, which is 14 points ahead of 2014 winner and eighth-ranked Sri Lanka (95 points, down by four).
Bangladesh is ranked 10th on 78 points after gaining four points, while Zimbabwe has retained its 12th rank after gaining three points.
Among the non-Test-playing sides, Afghanistan and Netherlands have moved in opposite directions. Afghanistan is the side to benefit most after England as it has gained six points and climbed to 90 points. But while Afghanistan has strengthened its ninth position, the Netherlands has dropped nine points to slip one place to 14th rank.
Scotland are on 11th rank on 67 points (up by four), followed by the UAE in 13th (52, up by four), Netherlands in 14th (49, down by nine), Hong Kong in 15th (46, up by three), PNG in 16th (39, down by four), Oman in 17th (38, down by one) and Ireland in 18th (36, down by four).(ANI)