ARCION ARC's bid is in partnership with Cerberus Capital, a strong contender for Yes Bank's portfolio. JC Flowers ARC and Cerberus were the only two entities that submitted binding bids for Yes Bank INR 480 billion bad loans. Asset Reconstruction Company (India) Limited and Arcion Revitalization Private Ltd. have submitted expressions of interest separately for Yes Bank (NSEI:YESBANK)'s INR 480 billion stressed loan book, said people aware of the development.