Bangladeshi newspaper "Daily Star" had also reported that militant Rohan Imtiaz, son of an Awami League leader, ran a propaganda on Facebook previous year quoting Naik.
"Just because a person knows a personality who is famous and a celebrity, you can not attribute every act of the person to the celebrity", Naik said in a WhatsApp video available with India's NDTV.
Following the deadly attack last Friday, which terrorist organisation Islamic State (IS) later claimed responsibility for, both India and Bangladesh began probing the controversial preacher.
Naik, however, rejected all reports and said, "It is totally illogical to say that I promote terrorism".
The centre will issue advisory to stop all unauthorised channels, including Peace TV, as it will examine televangelist Zakir Naik's alleged hate speeches.
"Reports are being received of such content being broadcast through private satellite TV channels, such as Peace TV channel, which are not permitted by this ministry for downlinking into the country", ministry's deputy secretary Shankar Lal said.
Union Information and Broadcasting Minister M. Venkaiah Naidu on Thursday said Naik's speeches are objectionable, and indicated that the government may take action against him.
Meanwhile, Maharashtra government has also ordered Mumbai Police to conduct a probe into Naik's speeches.
"How much Naik's teachings influenced the terrorists, that is to be investigated".
The IRF's source of foreign funding will also be examined thoroughly by the Home Ministry, the official said.
The Bangladeshi government has appealed to the Imams in the country to deliver lectures in line with "real Islamic ideology of denouncing terrorism and extremism".
On Wednesday, Shiv Sena MP from Mumbai Arvind Sawant sought a ban on Naik's speeches and movement as well as his television channels, to prevent him from making provocative speeches. His direction came amid reports that Naik's sermons inspired one of the terrorists involved in the attack on a restaurant in Dhaka. "There is not a single speech of mine where I have encouraged people to kill one another, whether Muslim or non-Muslim", he said.
- Junket tourism
- Al-Sisi to attend African Union Summit in Kigali
- Redstone firm comes out against Paramount stake sale
- President Obama to Hold Town Hall on Disney Networks With David Muir
- Pokémon GO Update 0.29.2 Arrives on Android Devices
- Jeff Gordon ready to return if Earnhardt Jr. can't race at Indianapolis
- White House contenders Trump and Pence to address America
- British PM Theresa May travels to Scotland on first trip
- White ex-officer charged in death of black Atlanta man
- 8 original 'Ghostbusters' cameos to watch for in the new reboot