atra te varṇayiṣyāmi
gāthāṁ nārāyaṇānvitām
nāradasya ca saṁvādam
ṛṣer nārāyaṇasya ca
atra - in this connection; te - to you; varṇayiṣyāmi - I will relate; gāthām - an account; nārāyaṇa-anvitām - concerning the Supreme Lord, Nārāyaṇa; nāradasya - of Nārada; ca - and; saṁvādam - the conversation; ṛṣeḥ nārāyaṇasya - of Śrī Nārāyaṇa Ṛṣi; ca - and.
Lord Nārāyaṇa is connected in two ways with the following narration: as its speaker and as the subject it describes.