India's cricket board has approved the country's participation in the Champions Trophy, ending speculation about the team staying away from the tournament because of a financial dispute with the International Cricket Council.
The Press Trust of India news agency reported on Sunday that the Indian squad will be announced in the next two days.
The PTI said that the decision to allow India to defend its title was made at a special general meeting of the Board of Control for Cricket in India in New Delhi on Sunday.
The BCCI delayed naming the Indian team because of its objections that a new ICC financial formula hurts India's interests by reducing its revenues from $US570 million ($A766m) to $US293 ($A$395m) million for the period 2016-23. Reportedly, the ICC has offered India another $100 million but that is yet to be accepted by the BCCI.
All seven of the other teams taking part in the tournament were announced by the April 25 deadline: England, New Zealand, Pakistan, South Africa, Australia, Sri Lanka, and Bangladesh.
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The tournament begins in Britain on June 1.
