Canara Bank reported a 10% decline in net profit for the fourth quarter, primarily driven by treasury losses of ₹800 crore due to rising bond yields and market pressures. Interim managing director and CEO Hardeep Singh Ahluwalia stated that the bank is focusing on core income to stabilize its earnings, with a 6% growth in annual net interest income. For the upcoming year, the bank projects an advances growth of 11-12%, surpassing last year's guidance of 10-11%. The net interest margin (NIM) is expected to remain between 2.5-2.6%. Despite the challenges, the bank's asset quality remains strong, with a gross non-performing ratio improving to 1.84% and a slippage ratio of 0.69%. Canara Bank also plans to provide additional advances of ₹18,000-20,000 crore under the government’s emergency credit line guarantee scheme, indicating confidence in its borrower segments.