it may be possible that the bank sent an information regarding your firm and not you or your friend, it will be better to accept the OTS & try to pay the settled amount.
the credit score and CIR not only helps loan providers identify consumers who are likely to be able to pay back their loans, but also helps them to do this more quickly and economically. This translates into faster loan approvals,Until recently, there was little visibility and transparency with regards to the loan approval process and the elements that loan providers used to evaluate your loan application. Since, CIBIL has made your credits score and CIR available to you, you will be able to see how valuable a customer you are to loan providers. it is better for you that there is no cibil update regarding your NPA