bibhemi naham nirayat pada-cyuto
na pasa-bandhad vyasanad duratyayat
naivartha-krcchrad bhavato vinigrahad
asadhu-vadad bhrsam udvije yatha
Translation by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada:
I do not fear being deprived of all my possessions, living in hellish life, being arrested for poverty by the ropes of Varuna or being punished by You as much as I fear defamation.
Purport by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada:
Although Bali Maharaja fully surrendered to the Supreme Personality of Godhead, he could not tolerate being defamed for cheating a brahmana-brahmacari. Being quite alert in regard to his reputation, he thought deeply about how to prevent being defamed. The Lord, therefore, gave him the good counsel to prevent defamation by offering his head. A Vaisnava does not fear any punishment. Narayana-parah sarve na kutascana bibhyati (Bhag. 6.17.28).