State Bank Of India [SBI] — guarantor liability after closing borrower account through ots

I am your state bank customer. And i have applied for loan to sbi. But in my cibil report shows i am guarantor for my friend of rs.2 lacs in 2004 and now this account is npa. And that's why sbi refuses to sanction loan to us. I need information that if borrower closes his npa account through ots/compromise.. Will sbi can sanction me loan after getting no dues certificate from borrower bank. After collecting no dues certificate from borrower bank is their any liability of me (Guarantor) in future because borrower is closing his account permanently.
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