Why does RHEL7 kickstart installation fails with an error "SettingsNotFoundError: SettingsNotFoundError('eth1',)" ?

Issue

• Installing Red Hat Enterprise Linux 7 using kickstart profile on a machine having four network interfaces.
• The installation fails with the following traceback.

anaconda 19.31.79-1 exception report
Traceback (most recent call first):
  File "/usr/lib64/python2.7/site-packages/pyanaconda/nm.py", line 593, in nm_device_setting_value
    raise SettingsNotFoundError(name)
  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/spokes/network.py", line 57, in initialize
    if nm_device_setting_value(name, "connection", "slave-type"):
  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/hubs/__init__.py", line 64, in setup
    spoke.initialize()
  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/hubs/summary.py", line 39, in setup
    TUIHub.setup(self, environment=environment)
  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/__init__.py", line 169, in setup
    obj.setup(self.ENVIRONMENT)
  File "/sbin/anaconda", line 1134, in <module>
    anaconda._intf.setup(ksdata)
SettingsNotFoundError: SettingsNotFoundError('eth1',)

Local variables in innermost frame:
settings_paths: []
key2: slave-type
key1: connection
name: eth1