Four other players, Shalabh Srivastava, Mohnish Mishra, Amit Yadav and Abhinav Bali also were handed lighter punishments. All five players were caught in a sting operation conducted by a TV channel. BCCI had earlier suspended all the five players.
Srivastava was banned for five years while the other three got one-year bans.
Here is the BCCI's statement issued on Saturday.
"The Disciplinary Committee of the BCCI, comprising Mr. N. Srinivasan, Mr. Arun Jaitley and Mr. Niranjan Shah met at the Cricket Centre earlier today.
The Committee perused the report of Mr. Ravi Sawani, the Commisioner of Inquiry. The Committee also accorded a personal hearing to T. Sudhindra, Abhinav Bali and Mohnish Mishra. Shalabh Srivastava and Amit Yadav pleaded their respective cases through teleconference.
After considering Mr. Sawani's report and the pleadings by the players, the Disciplinary Committee decided the penalties as follows:
The Committee held Sudhindra guilty of actually receiving a consideration to spot-fix in a domestic cricket match, and hence imposed exemplary penalty on him.
Sudhindra has been debarred for life, from playing any cricket matches conducted or authorized by the ICC or BCCI, or any affiliated unit of the BCCI.
He will not be entitled to the monthly gratis, benevolent fund, benefit match or any other facility, in lieu of.
He cannot hold any position in any cricket association affiliated to the BCCI, for life.
Shalabh Srivastava was held guilty of agreeing to fix a match and negotiate terms for the same, even though no actual match-fixing or spot fixing took place.
He has been debarred for a period of five years, from playing any cricket matches conducted or authorized by the ICC or BCCI, or any affiliated unit of the BCCI.
He will not be entitled to the monthly gratis, benevolent fund, benefit matches or any other facility, during this period.
He cannot hold any position in any cricket association affiliated to the BCCI, for a period of five years.
The three players, through loose talk and unsubstantiated bragging, brought the game into disrepute, and hence, have been held guilty of the lesser offence.
They have been debarred for a period of one year, from playing any cricket matches conducted or authorized by the ICC or BCCI, or any affiliated unit of the BCCI.
The penalties will be effective from the date of the suspension of the players - 15 May 2012."