Fame is an important statistic in Mount and Blade 2: Bannerlord. It is an indicator of your power in the world, the extent of your fame, and your status. How Bannerlord fame works has changed from previous games, and it's now a clan stat, not a character stat.
To check your fame, you will need to click on the Clans tab at the bottom left of the screen. This will open the Clan page, and you can check your fame by hovering the mouse over the Clan level in the top right.
You can gain fame in several ways. The most obvious is to win battles. The higher the difficulty of the fight and the greater the enemy forces, the more fame you can gain.
You can also earn fame by winning tournaments in the arena of any major city. Simply click “Go to Arena” and then “Join Tournament” to participate.
Completing quests for other characters is a great way to earn fame. When visiting a new city, check the list of NPCs at the top right of the screen. Anyone with a question mark has a quest you can complete for fame and enhanced diplomacy with their clan or faction.
Fame will also relate to the ability to hire certain troops or take part in certain in-game activities, so earning Fame is as important to your campaign as it is getting a lot of gold.
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