Needing 25 to win off last two overs, Patel blasted three fours and a six as Punjab scored 20 runs off the 19th over.
"For a guy like Akshar to come in and hit his first 9 balls for 26 runs is extraordinary. It's a beautiful batting wicket. I was proud of the way we bowled today," Bailey said after the match.
Punjab today registered their second win in as many matches and Bailey hoped his team will keep their record of successful chase intact.
David Miller, who was adjudged as man of the match, said it was Miller who took the pressure off him in the final stage of the match.
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"Only towards the end did it hit one out of the ground. Akshar made it easy and took a lot of pressure off my shoulders. I was lucky up front, getting a few chances, but once I'm in I back myself to hit the boundaries," he said.
"It's a see-ball-hit-ball type mentality. We've got some great spinners and some quicks. Perera is showing some strength for the team. He can clear the boundary and takes wickets as well."
"No one expected Patel to bat the way he did. The six he hit off Rampaul was amazing," he said.
Talking about the wicket, Sehwag said: "It's a good track to bat on. A little bit slow. A couple of balls spun when Mendis bowled, but overall it was a good T20 wicket."
Barbados Trident skipper Rayad Emrit said they should have grabbed the opportunity in the end when Punjab still needed 25 runs to win.
"I thought with two overs to go, we should have had it with 26 runs to defend. Ravi is our most experienced bowler. Another day he will get it right, but it didn't happen today. We had spoken among the kinds of lengths we needed to bowl," he said.