Pandit replaces Brendon McCullum, who is now the head coach of the England Test side.
Billings who played a vital role in England Lions' innings and 56-run win against the South Africans in the tour match, said Elgar should dismiss 'Bazball' at his own peril.
The 2019 Word Cup final hero Ben Stokes on Monday made a surprise announcement to retire from the 50-over format, saying playing three formats has become "unsustainable" for him.
At the end of the day, India were 125/3, taking a massive lead of 257 runs. Cheteshwar Pujara was batting on a 139-ball 50 while Rishabh Pant was on 30 off 46 balls at the other end.
Though McCullum does not have experience in coaching a national team, his surprise choice has produced positive vibes in the England team.
Brendon McCullum's first challenge will come when England take on New Zealand in the three-Test series starting at Lord's on June 2.
The head coach said that even though his side ended on the wrong side of the game against LSG and a couple of things did not go in their favour, he is still proud of the commitment shown by his team.
Rinku Singh, who nearly pulled off an epic win with his breathtaking batting against Lucknow Super Giants, earned high praise from Brendon McCullum.
Brendon McCullum was appointed to the Test head coach role for England, with his first assignment coming in the form of a three-match home Test series against New Zealand in June.
Brendon McCullum Friday admitted to bittersweet emotions when he agreed to take on the role of turning around England's cricket fortunes.
The report said that 40-year-old Brendon McCullum could be announced as the red-ball coach before the end of this week.
Former champions KKR suffered their seventh defeat on Saturday night, a 75-run drubbing by Lucknow Super Giants here.