Winning the toss, hosts’ captain Emon opted to bat first and scored 85 runs for 9 in stipulated 20 overs with Setu making 24 and Saidur 13 runs.
Fahimuddin of India grabbed four wickets.
Chasing an easy target of 86 runs, India needed just six runs with four wickets in hand in the last over and required one run in last ball, but failed to achieve their target as their highest scorer Shanti (47 runs off 57 ball) fell victim of run out to settle for a tie.
Both the team shared one point each as there is no provision for super over in the tournament.
Dip of Bangladesh claimed three wickets for seven runs and was adjudged man of the match.
Earlier, Bangladesh conceded 38 runs defeat against Pakistan while India suffered 101-run defeat against their traditional rival Pakistan.
Bangladesh will play Pakistan on Monday.