Hi Janakiram,
Well, first at all i advise you to use a courant number higher (0.8 would be ok), also, do not stablish a maximum number of iteration of 20, maybe the computation needs more iterations (as the message says). You could use SOLVER=1 instead of Solver 7.
I guess you have only one boundary, but, if you are setting as initial elevation 1m, why is the value prescribed 0m? What kind of flow are you working with, sub or supercritical?
With FV method set the duration is enough, you do not need to set a number of time steps.
If these suggestions do not work, would be necessary to see your geometry file and the boundary conditions file.
Thus, hope it helps,
Cheers,
José