A magnetic recording medium comprising a non-magnetic support having provided thereon a magnetic layer on one side and a backing layer on the other side, wherein the backing layer contains (1) non-magnetic powders containing carbon black having an average particle diameter of from 0.1 to 1 .mu.m; (2) two or more binders wherein (a) at least one of the binders is a resin having a 100% modulus of from 15 to 150 kg/cm.sup.2 in an amount of from 50 to 95 wt % based on the total amount of the binders in the backing layer, and (b) the rest binder(s) is/are a resin other than the resin having a 100% modulus of from 15 to 150 kg/cm.sup.2, and the weight ratio of all the non-magnetic powders to all the binders in the backing layer is from 300:100 to 40:100; and (3) a polyisocyanate in an amount of from 15 to 40 wt % based on the total amount of the binders in the backing layer.