England took 40 minutes longer than their permitted three-and-a-half hours to complete their 50 overs, having been seven overs short at the cut-off point. Under the ICC code of conduct Collingwood could be have been banned for a maximum of two one-day internationals after his side was found seven overs short of the required rate.
But after a hearing with match referee Roshan Mahanama, Collingwood, England coach Peter Moores, team manager Phil Neale, umpires Billy Doctrove and Ian Gould, third umpire Nigel Llong and fourth official Peter Hartley, the ICC decided to impose fines.
As captain, Collingwood was fined half of his match fee after being charged with a level two offence of the Code of Conduct, while the rest of the England team were fined 15 per cent.
Collingwood, speaking last night before the disciplinary hearing, said: "The nature of the innings, with so many boundaries being scored and with various stoppages for one thing or another, was always going to mean that it was going to be longer than usual.
“Ultimately, however, it didn't seem to detract from what was a fantastic game of cricket."
India won a thrilling contest by nine runs to ensure parity in the seven-match series, which continues at Edgbaston on Monday.