Chapter 46 seems to transition between stories. What does it recap from the previous chapter, and what new story does it promise to tell?

Yes, Chapter 46 acts as a bridge in the narrative. It begins by recapping key events from the preceding chapter to provide context. The text explicitly mentions the reading of the Bhagavat by Dixit, the description of the devotion of the Nine Yogis, and the miraculous dream experienced by the devotee Anandrao Pakhade. After this summary, Chapter 46 promises to tell a new and wonderful story. It sets the stage by saying this tale will illustrate how Sai is always with His devotees, giving them unexpected visions, and that hearing this story will fill the listener with joy and deep emotion.