"Not only India, but other countries too (objected to its compulsory implementation) because it is not foolproof and there is a financial issue (related to it)," BCCI sources said.
The ICC conference concluded on Saturday.
According to the sources, the cost involved in the implementing the DRS is USD 15,000-16,000 per day and the broadcast right holders are not willing to bear this extra cost.
The BCCI has steadfastly refused to have DRS in any series involving Indian team barring events organised by the International Cricket Council like the World Cup, Champions Trophy and World T20 Championship.
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Meanwhile, the probe by BCCI's Anti Corruption Unit chief Ravi Sawani into the alleged involvement of a few Rajasthan Royals' players in the IPL spot-fixing scandal is nearing completion and he's expected to submit his report to the Board after examining Ajit Chandila, who is in jail at the moment.
Those who have deposed are S Sreesanth, Ankeet Chavan, Sidharth Trivedi and alleged player-turned-bookie Amit Singh.