Hi Kaushik,
Refer SAP Note 301352 . This appears since the drive is not registered.
Run command prompt, go to the directory where your SAP db is installation is, typically:
Drive:\sapdb\programs\pgm
Now execute the command:
odbcreg LiveCache -i -p Drive:\sapdb\programs\pgm
You should now have the driver registered. Ensure that database is online before you execute the command.
Hope this helps.
Regards,
Deepak Kori