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Raina is placed seventh in the list of top 10 batsmen with 734 points after dropping a place in the recently released charts.
England`s Kevin Pitersen is leading the batsmen list with 850 points, followed by Martin Guptill (791) of New Zealand and another Englishman Eoin Morgan (788).
India`s left-handed opener Gautam Gambhir, who was in sparkling form against South Africa on Friday before rain ended the match with India stranded on 71-0 in 7.5 overs while chasing 220, has also moved up three places to 14th spot.
However, no Indian could find a place in the top 10 T20 bowlers rankings with out-of-favour off-spinner Harbhajan Singh placed at a distant 20th position.
The T20 bowlers chart is being lead by England off-spinner Graeme Swann with two other spinners -- Ajantha Mendis of Sri Lanka and Pakistan`s Saeed Ajmal closely following him in the second and third spots.
In the T20 player rankings for all-rounders, Australia`s Shane Watson (438) has extended his advantage over number-two ranked Shahid Afridi (340) of Pakistan to 92 ratings points.
There is also sad news for India in the ICC T20I team rankings as Mahendra Singh Dhoni`s men find themselves in seventh spot.
Defending ICC World Twenty20 champion England has been holding the top position since the introduction of ranking system from last October.
England lead second-ranked South Africa by seven ratings points while Sri Lanka, the host of this year`s ICC World Twenty20, is placed third.