PDL in banking, based on the provided context, stands for Past Due Loans in arrears by 6 months or more. This is a crucial indicator of loan performance for banks and other financial institutions.
In simpler terms, a PDL (Past Due Loan) refers to loans where the borrower has missed payments for six months or longer. This categorization signifies a significant level of delinquency and raises concerns about the loan's potential for default. Banks closely monitor PDLs to assess credit risk, manage their loan portfolios, and comply with regulatory requirements.
Therefore, PDL = Past Due Loans (in arrears by 6 months or more).
