India's slide in the rankings come after the two fighting draws which were not enough to prevent another series loss overseas.
India captain Virat Kohli however has gained three places to be 12th in the batsmen standings after amassing 692 runs in the eight innings Down Under.
His Australian counterpart Steven Smith has reached a career-high fourth after piling up 769 runs in the series at a staggering average of 128.16.
Amongst the bowlers, pacer Mohammed Shami has risen seven places to a career-high 31st place after taking match figures of six for 145 runs in Sydney, while Australia's Mitchell Starc has moved up nine places to 33rd after returning five wickets for 142 runs.
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