The excited levels of 115Ag have been studied via the beta decay of 115Pd and 115Pdm. The beta-decay schemes for both states have been considerably extended, especially the scheme following the decay of 115Pdm which was practically unknown before this work. Transition intensities and log10 f t values are reported, which have been missing in the literature. A set of levels around 2 MeV has been found to be strongly populated by the beta decay of the ground state of 115Pd and is suggested to have a three-quasiparticle nature. The properties of excited levels have been compared with the level systematics of lighter neutron-rich silver isotopes, and new spin assignments as well as identification of Nilsson states in 115Ag have been made.