I had this issue. I did as mentioned above. Device Properties, Policies, and changed to Performance but unchecked Cache option.
Then in command prompt I used the command: :>format E: /fs:ntfs
worked for me.::
:>format E: /fs:ntfs
Insert new disk for drive E:
and press ENTER when ready...
The type of the file system is EXFAT.
The new file system is NTFS.
Verifying 61050M
Volume label (ENTER for none)?
Creating file system structures.
Format complete.
62515820 KB total disk space.
62448168 KB are available.
worked for me nice one :))))