The International Cricket Council announced the men's Team of the Tournament for the World Twenty20 in Bangladesh, with India's MS Dhoni as its captain.
India lost their number one status to Sri Lanka but Kohli and Ashwin attained career-high positions of second and third respectively in the ICC rankings.
Sri Lanka rode on a brilliant show by their bowlers and an outstanding knock by Kumar Sangakkara to thrash India by six wickets and clinch their maiden ICC World T20 title at the Shere Bangla National stadium.
Sri Lanka face a daunting test of nerves from dominant India in Sunday's all-Asian World Twenty20 final in Dhaka that is rich with incentives for both the teams. This will be last T20 international game for Sri Lanka legend Kumar Sangakkara and Mahela Jayawardene.
Riding on a brilliant knock by Virat Kohli and a fiery cameo from Suresh Raina in crunch situation, India stormed into World T20 final as they beat South Africa by six wickets in the second semifinal in Mirpur on Friday
With weather forecast predicting another round of heavy rainfall on Friday, India will be the lucky team as they would then automatically advance to the final.
Sri Lanka stormed into the World T20 final, thrashing defending champions West Indies as per Duckworth Lewis method at the Sher-E-Bangla National Cricket Stadium in Dhaka on Thursday.
Pakistan's Mohammad Hafeez stepped down as Twenty20 captain on Thursday after the team's failure to qualify for the semifinals of the World T20.
South Africa are getting themselves into a spin ahead of their WorldT20 semi-final against India at the Sher-e-Bangla Stadium, Mirpur on Friday.
West Indies have an advantage as they have played all their matches at Mirpur, Sri Lanka will feel better that the dew won't be a factor here as it has been at the Zahur Ahmed Chowdhury Stadium in Chittagong.