Chasing India’s modest total of 7-159, which included an eventually explosive 60 from Yuvraj Singh, the Aussies were all out for 86 after 16.2 overs.
Only Glenn Maxwell made it over 20 with the bat as the pre-tournament favourites lost their third game on the bounce.
“I’d go so far as to say it’s the most disappointing game that I’ve led from this team, for three years,” Bailey said.
“I’m disappointed.”
Bailey added that he was “embarrassed” by his own performance having not made a significant contribution yet in the tournament with just Bangladesh to come.
“I’m not sticking up for them in terms of … we all could’ve made better decisions and done things different if we had our chance again,” he said.
“But I’m not embarrassed for anyone, apart from myself.”
Australia had a no hope of making the semi-finals after narrow losses to West Indies and Pakistan, whose defeat of Bangladesh earlier in the day made it mathematically impossible, but they had a chance to save face.
Asked if Australia’s approach been hindered by the lost hope of making the semis, Bailey said it was possible.
“They might have been, but it’s not an excuse,” he said. “There was enough for us to prove by playing India and playing well against a side who we think are going to be close to tournament favourites.”
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