You mean Rice Bran oil? It has a lot of saturated fats but no transfats so may not be as good as Canola oil. I've never used it myself and just did a bit of a google search.
Look at this chart:
http://www.heartfoundation.org.nz/he...ich-oil-to-use
You nee less red. So it looks to me Rice Bran Oil is not bad but not as good as Canola. But - I can imagine it to be much much cheaper in Bangladesh because of the origin.
PS: Avocado oil looks to be the best. Never used it. Yet.