Dhoni, who stunned the Indian cricket fraternity with his decision to quit captaincy ahead of the ODI series against England which begins on Sunday, said he does not believe in having different captains for different formats.
"I don't believe in split captaincy. For the team there has to be only one leader...Split captaincy doesn't work in India, I was waiting for the right time. I wanted Virat to ease into the job. There is no wrong decision in it. This team has potential to do well in all three formats. I felt it was right time to move on," Dhoni said in his first media interaction since stepping down from captaincy a fortnight ago.
Recalling the chain of events leading up to his decision, Dhoni said he had informed the BCCI well in advance. He said it had been playing on his mind ever since he quit Test captaincy during the tour of Australia in 2014.
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Asked how quitting captaincy would impact his role in the side, Dhoni said he would continue to give his suggestions and opinions to Kohli.
"Wicketkeeper is always the vice-captain of the side. I will have to keep a close eye on what the skipper wants. I already had a chat with Virat on where he wants his fields. I will have to be aware," he said.
The 35-year-old, under whom India won both the ODI and the Twenty20 World Cup, said he had thoroughly enjoyed his stint as the leader despite the many ups and downs he witnessed.
"I don't regret anything in life. What doesn't kill you makes you stronger. Plenty of good things happened, difficult to pick one. It's been a journey for me, the ups and downs. When I started, lot of senior player were in the side. I tried to groom the youngsters. Once the seniors left us, from that point till now, the juniors have done well. They have taken the legacy of Indian cricket forward," he said.
Quizzed on the dynamics of his equation with Kohli, Dhoni said it has always been a relationship of mutual respect.
"We have been very close. Virat was always somebody who wanted to improve in whatever chances he got, always wanted to give more. That was the key factor. We have interacted a lot. He has improvised his cricket and his thinking. He will keep getting better. My job will be to assist him wherever needed, giving him my thoughts from behind the stumps. That's the real asset of the wicketkeeper," he said.
"From my side, it will be a flow of information. Information that doesn't confuse and then he can pick and choose. The good thing is that if I go up with 100 ideas to him, he can say no to all of them. That is important because he has to take the responsibility. So the more I can serve to him, the more he can pick and choose, and the better it will be for Indian cricket," he explained.
"Whatever the demands of the team, I am ready to bat there."
Dhoni also spoke about what he thought was the role of the leader in a team.
The reticent cricketer also touched on his relationship with the media, saying that he never liked coming for pre-match press conferences.
"I always believed that there are too many press conferences. We don't need press conference everyday. I always felt, there is too much exposure. I thought it's a waste of time to have pre-match press conferences by captains. I always felt, post match is when captain can express himself, pre-match I think is a waste of time," he said.