A polarizing plate of the present invention comprising a polarizer and a protective film provided on at least one surface thereof with an adhesive layer, wherein the protective film comprises (A) a thermoplastic resin having a substituted and/or non-substituted imide group in a side chain and (B) a thermoplastic resin having a substituted and/or non-substituted phenyl group, and nitrile group in a side chain, and the adhesive layer comprises a polyurethane adhesive containing a urethane polyol and an isocyanate crosslinking agent. The polarizing plate exhibits good resistance moisture.