January 20 (ANI): Team India received a substantial fine for maintaining a slow over-rate against New Zealand in the first ODI of the series in Hyderabad. India were penalised 60% of their match fee for the first ODI's sluggish overrate against New Zealand on January 18 in Hyderabad as announced by International Cricket Council (ICC). India were ruled to be three overs short of their target by Javagal Srinath of the ICC Elite Panel of Match Referees. Time allowances were taken into account before the decision was made. Players are penalised 20% of their match fee for each over their team fails to bowl in the permitted time